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Reference: 20060027
Release date: 12 July 2006

Promoter – Financial Intermediary

Vodafone Group Plc

Location

Description

Investment in the network and operations of Turkey’s second largest mobile phone operator, following its acquisition by Vodafone Group Plc.

Objectives

To improve product and service quality to Vodafone group standards.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 400 million

Total cost (Approximate amount)

Approximately EUR 1 billion

Environmental aspects

Environmental Impact Assessment not Required ISO certificates/policy to be determined.

Procurement

EU procurement legislation does not apply to the project. The Promoter’s procurement procedures satisfy EIB’s procurement policy – confirmation of approach as part of due diligence.

Status

Signed - 16/11/2006

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Related tags

Türkiye Telecom